People Moves: Q Mixers Taps Nestlé Talent

New York-based Q Mixers has hired Mike Atkins to serve as EVP of retail; Former PepsiCo general manager Walter Cybulski has joined antioxidant water brand Napa Hills as VP of Sales; Distill Ventures announced this week the hiring of Nicolas Proszenuck as investment director; Lisa Chang has been named The Coca-Cola Company’s new chief people officer.

Review: Temple Vitality Supertonic

Temple Vitality Supertonic is a line of clean energy drinks announced in September 2018 as part of a larger rebranding for Temple.

Updated: Hormel Agrees $465M CytoSport Sale to PepsiCo

Hormel Foods Corporation has announced a deal to sell CytoSport to PepsiCo for $465 million, as the company behind the Muscle Milk brand looks for a new start less than five years after its acquisition by the food conglomerate.

Anheuser-Busch to Acquire Fast-Growing Cutwater Spirits

The world’s largest beer company today announced the purchase of fast-growing Cutwater Spirits, a craft distilling venture that was originally born inside of Ballast Point Brewing & Spirits.

Brand Profile: PathWater Seeks to Reroute PET Water

PathWater is a California-based water brand packaged in reusable aluminum bottles intended as an environmentally-friendly alternative to single-use plastic. The company’s founders say they’re not overly concerned with the brand’s profit margins, but are seeking to launch a “revolution” that will reduce waste and curb the industry’s carbon footprint.

Review: Sipp Infusions

Announced in December 2018 as part of Sipp Sparkling Organics’ rebrand, Sipp Infusions is the company’s low calorie and low sugar offering.

Rowdy Mermaid Raises $3.5M in Series A

Colorado-based kombucha maker Rowdy Mermaid has raised $3.5 million in a Series A round led by private investment firm KarpReilly, the company announced today. Rowdy Mermaid plans to build the brand’s presence in the conventional and convenience channels, but will also focus on adding food service accounts including schools and universities and vending.

Euromonitor: CBD, Personalization Set to Drive Cannabis Market

In a webinar entitled “Cannabis Legalisation: How It Will Disrupt the Future” hosted by market research company Euromonitor International on Thursday, Shane MacGuill, head of tobacco research, and Spiros Malandrakis, head of alcoholic drinks research, looked at several ways in which cannabis will likely disrupt the tobacco and alcohol industries as well as how these industries can adapt.

Review: Olipop Sparkling Tonics

Designed with gut health in mind, Olipop is a line of premium carbonated soft drinks that feature prebiotics, botanicals and plant fiber in a low calorie and low sugar format.

Taste Radio Insider Ep. 21: This is Why Nestlé Invested a Half-Billion in Blue Bottle Coffee

After spending $500 million to acquire a majority stake in Blue Bottle Coffee, it might be surprising to hear that Nestlé is content to let the premium roaster and retailer “just be.” Blue Bottle CEO Bryan Meehan spoke about the company’s relationship with Nestlé, its purposeful innovation strategy and efforts to enhance consumers’ experience with coffee. Also in this episode: an interview with former N’Sync star Lance Bass, who recently launched a cocktail mixer brand.

Coke: Poor Outlook Hits Stock Price Despite Solid Q4

Despite a 5 percent increase in organic sales in the fourth quarter, The Coca-Cola Company’s poor 2019 outlook resulted in the company’s largest single day drop in stock price since 2008 following its Q4 and full year earnings report.